Red Lobster, the popular seafood chain, is facing financial difficulties with reports indicating the closure of dozens of its restaurants across the U.S. The chain is expected to file for Chapter 11 bankruptcy, following the closure of nearly 100 stores and significant losses, partly attributed to an unsuccessful 'all you-can-eat shrimp' deal. The closures have blindsided customers and employees, with some locations already auctioning off furniture and equipment.
BREAKING: Red Lobster to file for bankruptcy as early as next week. Build Back Better in action!
Red Lobster filing for bankruptcy as early as this week, per WSJ. This is in part, per WSJ, because "an all you-can-eat shrimp deal that executives hoped would turn the chain around contributed to millions of dollars in losses." https://t.co/h53lXfOw7S
The auctions come after Red Lobster announced it was considering filing for bankruptcy last month. More: https://t.co/b6QS9AX93W https://t.co/0Qx5bUtcFd
Red Lobster promised customers an endless supply of shrimp for $20 — a gamble the struggling restaurant chain hoped would help pull it out of its pandemic doldrums. But Americans, and their appetites, had other plans. https://t.co/E0YQDnVdBB
Brawl at Red Lobster. The restaurant chain prepares to file for bankruptcy. During an earnings call last year, Red Lobster's former Thailand-based investor, Thai Union Group, shared that the "Ultimate Endless Shrimp" dinner promotion contributed to its more than $11 million third… https://t.co/g0tNEAEfuM
Red Lobster is closing nearly 50 locations, liquidator says https://t.co/7ZzIgpYd6Y
How Red Lobster's $20 endless shrimp deal cost its owners $500 million, led to 100 restaurant closures and taken seafood chain to edge of bankruptcy https://t.co/9sjAaEHKCW https://t.co/ZV7gp0j5JB
Maybe it's for the best that Red Lobster is going bankrupt. https://t.co/OxRmtrUwrl
Many of the locations are listed as “temporarily closed” on the Red Lobster website. The chain has about 650 locations total. https://t.co/4ZYZsJFpuG https://t.co/PqGB1Sp9on
More than 50 locations of Red Lobster are being auctioned off amid questions about the stalwart seafood chain's long-term future. https://t.co/Sbad0EtlSS
Sorry, cheddar bay biscuit fans. 🦞💔 Red Lobster is closing dozens of locations after its "endless shrimp" losses. https://t.co/nHIUD8K5re https://t.co/U31W11grjW
NEW: Red Lobster is in trouble 🔴 The future of the seafood chain is uncertain after the sudden closure of dozens of its locations across the U.S. on Monday. Here's what the experts have to say about what went wrong. https://t.co/BNLYalu5Ld
Red Lobster is in trouble https://t.co/gbKns2WOqx https://t.co/KnMzBYXde3
🇺🇸 Red Lobster offered customers all-you-can-eat shrimp. That was a mistake https://t.co/EDrvM9OwdE
Red Lobster equipment goes on sale in largest restaurant auction in history https://t.co/QUdzUMJMJk https://t.co/nT4m4XZRqW
Dozens of Red Lobster locations across the U.S. are on the chopping block. The Red Lobster closures have not affected nine locations in the state of Washington. Restaurants in Federal Way, Kelso, Kennewick, Lynnwood, Olympia, Spokane, Tacoma, Vancouver and Yakima remain open. https://t.co/hKJqfy9QBG
An online auction is underway for Red Lobster kitchen equipment and other contents of closed restaurants, including four locations in Colorado. https://t.co/NfefqKsZN0
Are you a Red Lobster employee affected by the recent, sudden closures of several of the seafood chain's locations across the U.S.? Contact [email protected] https://t.co/Jb3rSbm9ow
As Red Lobster locations close, here's a look back at its original menu & things to know https://t.co/Orb6rxiL0u
Red Lobster closes dozens of locations amid financial struggles https://t.co/mjjHO87AhI via @GMA
What could happen to the locations of shuttered Red Lobsters? Some real estate experts offer insights. https://t.co/lvWJjMjHXT
Red Lobster locations closing: Which ones closed in Florida? Here's a list https://t.co/L9myAjDDGp
'Endless Shrimp' just one misstep for Red Lobster as it eyes bankruptcy protection https://t.co/1CRECuZXM6
Experts familiar with the situation indicate that Red Lobster might pursue a Chapter 11 bankruptcy protection filing, the Daily Mail reported. https://t.co/y1WXw3ZiqD
WSJ: Red Lobster’s “all-you-can eat shrimp deal that executives hoped would turn the chain around contributed to millions of dollars in losses.” https://t.co/8bOB6rXPVD
The closures are part of a broader strategy by Red Lobster to address financial pressure. https://t.co/y1WXw3ZiqD
In case you missed it, Red Lobster is closing 48 of its restaurants and is reportedly seeking to file bankruptcy https://t.co/VL38cvwjCx
These Are All of the Red Lobster Locations That Are Closing So Far https://t.co/8rXRbhTt1H
Inside the Red Lobster clearance auctions and the 48 shuttered restaurants that look like the Mary Celeste https://t.co/uqLLNxVB1C https://t.co/aRF9zQAGIX
🇺🇸 Red Lobster closes dozens of locations across the US just months after ‘endless shrimp’ losses https://t.co/jmE6QSRhpK
Two Red Lobster restaurants in the Bay Area are among the over 50 locations that are shuttering nationwide: https://t.co/NxwRxidiMo
Red Lobster says it is closing nearly 50 of its restaurants in the U.S. across more than 20 states. 😩👀 Here's a look at which locations will be closing: https://t.co/pglIN69M36 https://t.co/TBQfP3nFs4
Red Lobster locations closing: Which restaurants closed in Florida? Here's a list https://t.co/L9myAjDDGp
🇺🇸 Red Lobster closing dozens of locations as bankruptcy possibilities loom https://t.co/QbkixvrACE
Red Lobster abruptly closed nearly 50 restaurants blindsiding customers and restaurant employees. https://t.co/DBUjfZDz3T https://t.co/0ZFZnC33TF
Dozens of Red Lobster locations across the country, including two in the Bay Area, are on the chopping block. https://t.co/GSkrSnV73A
It sounds like Red Lobster could be in some financial trouble, but that just means we need to do whatever we can to protect the Cheddar Bay Biscuit. Read: https://t.co/pA9f1ZRJi9 https://t.co/K0p7og8Gyc
Red Lobster revealed that it will auction off more than 50 of its restaurants. https://t.co/y1WXw3ZiqD
Red Lobster is closing these U.S. locations, including in Florida https://t.co/2Y54fIGdgV
All-You-Can-Eat Shrimp At Red Lobster Has Forced The Restaurant Into Bankruptcy https://t.co/jjrOTdvnZ1 https://t.co/bbQAgRHOCT
Red Lobster has closed dozens of locations. What about Miami and the rest of Florida? https://t.co/CJmpfM8FrZ
I created a question on @ManifoldMarkets. Will Red Lobster file for bankruptcy protection before June 1st 2024? 🦞 https://t.co/nK949Azr21 https://t.co/Lr388xZibV
I created a question. Will Red Lobster file for bankruptcy protection before June 1st 2024? 🦞 https://t.co/nK949Azr21 https://t.co/cBLFc8DvKL
Red Lobster: “Endless shrimp!” Customers: https://t.co/nkCTiIsB7g https://t.co/ZigoKPbbwb
Red Lobster hired auction company ‘very recently’ before shutting 50 restaurants, may file for bankruptcy next week: sources https://t.co/yLOO2tDrYt https://t.co/RGhpHBS8nv
'I ate 108 in four hours': Customers react after Red Lobster's $20 'endless shrimp' deal is blamed for its demise https://t.co/8NpNa8HnJX https://t.co/AVzo04pRGf
The Red Lobster has fallen, billions must dine https://t.co/PzTHt6GU9A https://t.co/a6kkZPb99p
Red Lobster has fallen, billions must dine https://t.co/wQzeXtEGQA https://t.co/a6kkZPb99p
What went wrong at Red Lobster: Is the all-you-can-eat shrimp and crab to blame? https://t.co/GBKBWtyGJt
Here is a list of Red Lobster locations closing in the US https://t.co/wbn0gO6MLt https://t.co/QwODrDNtOV
Red Lobster has abruptly closed at least 99 locations across the country as the company prepares to file for Chapter 11 bankruptcy. https://t.co/NvPGDRE0kI
Popular seafood chain Red Lobster has begun the process of closing nearly 127 locations in 27 states, according to reports. According to The Wall Street Journal, Red Lobster may potentially seek bankruptcy protection within the coming week. https://t.co/DjO3FXMz8h
Red Lobster says it is closing nearly 50 of its restaurants in the U.S. https://t.co/q5ybIxabN7
Affordable family restaurants are shutting down Red Lobster files for bankruptcy Chilis shuts down locations and rumored to file for bankruptcy Jobs & affordable celebratory family experiences GONE Going after the corporations worked out well didn’t it? NO MORE NEW TAXES
Red Lobster closes multiple locations, prepares to file for bankruptcy https://t.co/zFFCcSI4et https://t.co/Hq82BrTPDa
Red Lobster has yet to publicly comment on Monday’s closure. CBS19 reached out Tuesday afternoon but have not heard back. https://t.co/HqkvpVAHWI
Red Lobster is closing these U.S. locations, including several restaurants in Florida https://t.co/58Dx3fdF2g https://t.co/vtvo3pFpEA
Red Lobster suddenly closed 99 locations as the chain prepares to file for bankruptcy. They closed some locations so suddenly that workers showed up and found them empty. https://t.co/x3VLwmveV0
Red Lobster is filing for Chapter 11 bankruptcy and selling off items from newly closed restaurants at auction. https://t.co/CRrsUTX2ck
On Red Lobster’s website, a handful of impacted locations were listed as “temporarily closed” or “unavailable” Tuesday morning. https://t.co/mWNFZ74uKb
Red Lobster offered customers all-you-can-eat shrimp. That was a mistake. https://t.co/zoeWJCKR50 https://t.co/vfhMX4nCmf
Red Lobster has abruptly closed at least 99 locations across the country with restaurants shutting their doors in at least 27 states. https://t.co/Dr49RTkzb5
.@RedLobster, the nation's biggest seafood restaurant chain, has abruptly closed about 100 locations and is auctioning off equipment from some of those sites as it reportedly weighs filing for Chapter 11 bankruptcy protection. https://t.co/wzuJ1huDtK
Red Lobster Preparing to File for Bankruptcy Protection This Month - WSJ https://t.co/10lSjvkMfs
Cheesecake Factory says let them eat CAKE. Red Lobster is expected to file for bankruptcy protection as early as next week as the restaurant chain seeks to pare down its debt load https://t.co/dryZ3TQ6im via @WSJ
Red Lobster is shuttering more than 50 locations throughout the U.S. https://t.co/kskwLbtBab https://t.co/xvWrfqBjsp
Red Lobster closes dozens of locations as the chain reportedly plans to file for bankruptcy. @sramosabc has more on the restaurant chain's troubled waters. https://t.co/nCf9JQzJwS
Red Lobster is closing at least 48 restaurants, 7% of its national footprint. https://t.co/59g7T5PsMX
Red Lobster closed dozens of restaurants in several states, including Texas, and is auctioning off equipment from some of the shuttered locations this week. https://t.co/xM2DlCo7hQ
Sorry, cheddar bay biscuit fans. 🦞 Red Lobster is closing dozens of restaurants, including locations in Maryland and Virginia. https://t.co/Y3w2AcrO4I
Nearly 100 Red Lobsters are marked as "closed" on the restaurant's site See the full list here: https://t.co/DdMvFzUcO2 https://t.co/wiN21drs56
Red Lobster closes 50 stores, lays off thousands as voters name economy top issue https://t.co/hS70G18YTL
Red Lobster unexpectedly closes 4 Maryland restaurants, 3 in Virginia https://t.co/0J7M4QJbav
Red Lobster offered customers all-you-can-eat shrimp. That was a mistake https://t.co/wGbJOoFIUl
🦞 Red Lobster abruptly closed nearly 50 restaurants Monday blindsiding customers and restaurant employees. https://t.co/y1mweSXezO
Dozens of Red Lobster locations across more than 20 states are on the chopping block. Restaurant liquidator TAGeX Brands announced this week that it would be auctioning off the equipment of over 50 Red Lobster locations. https://t.co/lnwFsKImhG https://t.co/pJr6bAV2dc
Red Lobster closes dozens of locations across the US just months after 'endless shrimp' losses https://t.co/UmGMtQkpJP
Several Red Lobster location in various states around the country are closing and will auction off furniture, fixtures and equipment from the restaurants. https://t.co/JuO68ciZwA
Red Lobster closing dozens of locations as bankruptcy possibilities loom https://t.co/51pIAE13Jg
🚨New: Red Lobster the largest US seafood restaurant chain will file for chapter 11 bankruptcy next week after closing 50 locations. https://t.co/nT3Zv1rvo7
🚨New: Red Lobster the largest US seafood restaurant chain will file for chapter 11 bankruptcy next week after closing at least 50 locations. https://t.co/T0vDYCPEsr
Dozens of Red Lobster locations across the U.S., including in Illinois, are on the chopping block. https://t.co/GCwaIVq4M5
Wow, congrats guys, you ate Red Lobster out of business. https://t.co/0eu1TGIs9l
Red Lobster locations across the country started closing abruptly Monday, surprising residents and, at least in one case, a city official. https://t.co/esV4uI2C0d
Bidenomics Strikes Again: Red Lobster Closes Nearly “120 Restaurants” in 27 States — Plans to File Bankruptcy in the Coming Weeks via @gatewaypundit https://t.co/RRmsamnO9C
A local Red Lobster restaurant abruptly closes after Mother's Day and its equipment will be auctioned off. https://t.co/pJRNxyq2Sw
Red Lobster is shuttering over 50 restaurants, some of which are based in major cities in the United States. https://t.co/UEZOUYXMdJ
Red Lobster is abruptly closing dozens of restaurants https://t.co/P1RfUYtBJZ
Red Lobster abruptly closed nearly 50 restaurants Monday blindsiding customers and restaurant employees. https://t.co/DBUjfZDz3T
No more free shrimp: Red Lobster closing dozens of restaurants https://t.co/ifdFqqEact https://t.co/AKODw3rkmy
Red Lobster is closing at more than 50 of its restaurants across the country, according to a company that helps businesses liquidate restaurant equipment. https://t.co/KLRT7z6lnX
JUST IN : RED LOBSTER IS PLANNING TO FILE FOR BANKRUPTCY NEXT WEEK RED LOBSTER LOST $11 MILLION DOLLARS LAST QUARTER DUE TO THEIR UNLIMITED SHRIMP OFFER https://t.co/gFiGi8n4eb
Red Lobster 'to file for bankruptcy next week' after seafood chain announced dozens of restaurants to close https://t.co/W1y54Hqdjh
BREAKING: Red Lobster filing for bankruptcy as early as next week, per WSJ. This is in part, per WSJ, because "an all you-can-eat shrimp deal that executives hoped would turn the chain around contributed to millions of dollars in losses." https://t.co/SCv3UN5ODX
🚨🇺🇸 BREAKING: RED LOBSTER GOES BELLY-UP WITH BANKRUPTCY Struggling seafood chain Red Lobster will file for Chapter 11 bankruptcy next week after closing at least 48 locations. The filing aims to restructure debt and renegotiate leases. The chain, hit by high costs and low… https://t.co/4KDd6cBL8h
JUST IN: Red Lobster is expected to file for bankruptcy as early as next week- WSJ. https://t.co/vWiwwcf0co
Red Lobster Closes 48 Locations Amid Financial Woes, Prepares for Bankruptcy Read More: https://t.co/Vax79CvykF
🚨#BREAKING: Red Lobster, the largest U.S. seafood restaurant chain known for its seafood and famous cheesy biscuits are getting ready to file for chapter 11 bankruptcy as early as next week after suddenly closing dozens of restaurants. https://t.co/vgl260108j
Red Lobster closing 4 Colorado restaurants and auctioning furniture, equipment https://t.co/1pmkA9OSDw https://t.co/uS809dx5Yk
Red Lobster reportedly closing dozens of US restaurants: See the closure list https://t.co/I8IWePlnI4
Red Lobster is expected to file for bankruptcy by the end of the month, after announcing nearly 100 store closures yesterday, according to a new memo #MacroEdge
Red Lobster may file for bankruptcy by end of May: report https://t.co/SK79Uuhcmj